The news coming out from Stateside suggests that the XFL might once again be done.
According to reports, the league has suspended day-to-day operations and have released all staff.
I think it's safe to state that the end is in sight. This is despite the claims made when the 2020 season was suspended - due to the coronavirus outbreak - that the league would return in 2021.
From a betting perspective, there are a couple of markets that I am aware of that will be settled if and when the XFL's second demise is made official.
The first came in from the Bovada/Bodog sportsbooks.
The prop market - which was first published almost two years ago - offered +200 on the league being shut down before July 4 2021.
'No' was a -300 favourite.
Another market I wrote about was a special from Kambi titled 'History Repeats Itself'. It was published at the start of this year and allowed customers to bet whether or not there would be an official announcement of the XFL shutting down this year.
'Yes' was 7/5 while the 'No' was a 1/2 favourite.
I surmise that the latter was favoured because, going in, Vince McMahon and his television partners clearly stated that there was going to be at least a two-year commitment to the league.
Today's news evidently put paid to that one.
Another market from Kambi would have been settled recently. I wrote about it in THIS POST, but it was a prop which asked customers to gamble on the XFL's season surpassing that of the now defunct Alliance of American Football (AAF).
'No' would have won at odds of 9/4 because the league didn't get at least thirty-three games under its belt before WrestleMania 36.
On a personal note, I find myself gutted that the league is as good as done.
In the days following the Super Bowl, it takes me a few weeks to adjust to not having any American football to watch. Having the XFL there a week after the NFL wrapped things up was great.
As I sit here writing about the XFL's second demise, I'm thinking back to a conversation I had with an American colleague back when the XFL first went under and his opinion on the league closing down can still be applied with today's news.
'Nobody needs spring football.'
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